Project ID: 36438

China Eximbank provides RMB 493 million government concessional loan for National Broadband Network Project (Linked to Project ID#30652)

Commitment amount

$ 88581881.913401

Adjusted commitment amount

$ 88581881.91

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Mali

Sector

Communications (Code: 220)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2014-04-11

Actual start

2015-12-01

Description

On March 6, 2014, the Chinese Government and the Government signed a preferential loan framework agreement for the National Broadband Network Project. Then, on April 11, 2014, China Eximbank and the Government of Mali signed an RMB 493,000,000 government concessional loan (GCL) agreement for the National Broadband Network Project. This loan agreement was ratified by Parliament on September 3, 2014 (Law No. 2014-045) after its approval on June 11, 2014 by the Council of Ministers. The proceeds from this loan will be used to finance a commercial contract (worth 35,213,172,169 CFA francs) between the Government of Mali and Huawei Technologies Co. Ltd, which was signed November 18, 2011. This project involves the laying of 1300 km of fiber optic cable along 3 roads: (1) Bamako-Kourémalé; (2) Mopti-Douentza-Gao; and (3) Markala-Niono-Léré-Niafunké-Goundam-Tombouctou. It also involves the establishment of a data center in Bamako, modernize the Government of Mali’s communication network, establish a videoconference system, create a video surveillance system to manage security risks and road traffic, and install surveillance equipment. Huawei Technologies Co., Ltd. is contractor responsible for implementation. Construction began in December 2015. The originally anticipated project execution period was 15 months.

Additional details

The French project title is Projet Réseau de large bande national du Mali or Le Réseau Large Bande National du Mali. The Chinese project title is 宽带网项目. This project is, for all intents and purposes, the second phase of the China Eximbank-financed Fiber Optic and Telecommunications Modernization Project (captured in Project ID#30652).

Number of official sources

12

Number of total sources

22

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Mali [Government Agency]

Implementing agencies [Type]

Huawei Technologies Co., Ltd. [Miscellaneous Agency Type]

Government of Mali [Government Agency]

Loan Details

Bilateral loan

Government Concessional Loan

Investment project loan